Universal Basic Income Begins with Farmers; Good for Indian Economy?

Universal Basic Income Begins with Farmers; Good for Indian Economy?

The Preamble of Indian Constitution declares itself as socialist republic. After liberalization India’s economic policy turned capitalistic. Yet India has the hangover of socialism which is now in the form of Basic Income for Farmers and Loan Waivers . Budget 2019: Universal Basic Income for Farmers

In the interim Budget of 2019 which was announced by Finance Minister Piyush Goyal in the Lok Sabha, the government has announced to provide Rs 6000 annually to the small farmers who constitute around 12 crore. This move is aimed to neutralize the anger among the farmer community.

In the recent while, the farmers […]

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